Saipem Secures 2 New Offshore Contracts Worth $1B From Saudi Aramco [Yahoo! Finance]
Pedevco Corp. (PED)
NASDAQ:AMEX Investor Relations:
pacificenergydevelopment.com
Company Research
Source: Yahoo! Finance
These contracts are part of a long-standing agreement between the Italian firm and oil giant Saudi Aramco. These two contracts are valued at approximately $1 billion. Under these contracts, Saipem will work on the Marjan, Zuluf and Safaniyah oil fields. For the first contract, Saipem has been tasked with engineering, procurement, construction and installation (EPCI) of three production deck modules (PDMs). It will install 33 kilometers of subsea rigid pipelines with diameters of 12 inches and 16 inches. Further, the company will also lay 34 kilometers of subsea power cables. The infrastructure included in the first contract will be used for the Marjan oil and gas field. The second contract also includes EPCI of three jackets and five PDMs. Alongside these, Saipem is also responsible for installing subsea rigid pipelines spanning 22 kilometers with a diameter of 16 inches and laying 35 kilometers of subsea power cables. The second contract involves the installation of these infrast
Show less
Read more
Impact Snapshot
Event Time:
PED
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PED alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PED alerts
High impacting Pedevco Corp. news events
Weekly update
A roundup of the hottest topics
PED
News
- Saipem Wins Major Offshore Contract for Marjan Field in Saudi Arabia [Yahoo! Finance]Yahoo! Finance
- Saipem Secures Major Offshore Contract Worth $4B From QatarEnergy [Yahoo! Finance]Yahoo! Finance
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Announces Closing of $250 Million Reserve Based Lending Facility with Citibank, N.A.Accesswire
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
PED
Earnings
- 8/14/24 - In-Line
PED
Sec Filings
- 9/12/24 - Form 8-K
- 9/11/24 - Form S-3
- 9/11/24 - Form S-8
- PED's page on the SEC website